Americana At Brand, developer Rick Caruso's sprawling Glendale mixed-use development, recently opened its South Tower for sales--and these units start in the $500,000s. It's a figure the web site now touts ("prices range from the low $500,000s to over $2 million"); readers will remember that earlier marketing materials noted prices started in the $700,000s. No, it's not a price cut, according to a spokesperson for the development, who said the north tower condos remain priced from $700,000 to $1 million; additionally, it looks like a few units are now on the MLS. Sales information for the whole project wasn't immediately available, but a source tells us that Caruso Affiliated doesn't reveal sales information. UPDATE: The question, as a reader just emailed us to point out, is why didn't Caruso Affiliated mention that cheaper condos would eventually be released? Or did they?
· Americana At Brand [Official Site]
· Americana At Brand: Checking Out A Million Dollar Condo [Curbed LA]